CITIBANK

The City never sleeps

Citibank is the consumer banking division
of financial services multinational Citigroup.
Citigroup largest bank holding company in
the US
CEO: Micheal L. Corbet
CEO, India: Pramit Jhaveri
Parent Company: Citigroup


3777 branch locations in 36 countries.
Huge losses in 2008 crisis
-Citibank was bailed out by aid from the U.S.
government
983 branches in North America
Revenues:
Latin America -25%
Asia - 20%
Europe / Middle East / Africa - 4%.

Markets insurance, credit cards &
investment products.
Online services division among the most
successful in the field
200 million customer accounts
15 million online users

Founded in 1812
In 1863, joined the U.S.'s new national banking
system and became The National City Bank of New
York.
By 1868, one of the largest banks in the United
States
1897, it became the first major U.S. bank to
establish a foreign department
Merger with the First National Bank in 1955 name
changed to The First National City Bank of New
York



Offers various business solutions:

Personal Banking,
SME banking,
Corporate Banking,
Credit Banking(travel shopping, fuel, lifestyle, prepaid,
tools and calculator)
Online banking.
Repaid its government loans in full
Revenue: $ 76.36 billion (2013)
Net Income :$13.7
Q2 2014
Net Income: $181 Million
Net Interest Margin: 2.87%
Book Value per Share: $66.76

RECENT NEWS
Only foreign lender in India to register a
positive growth(6%) in FY14
Largest foreign bank in India for FY14
Citibank India profit up 6% - Rs 2893crore
Will Pay $7 Billion in the Mortgage Crisis
Asian wealth management assets crosses
$250 billion

JPMorgan Chase & Co.

Largest bank in the US

Major provider of financial services

HSBC

Headquartered in London

7200 offices in 85 countries

Bank of America Corporation

Headquartered in Charlotte, North Carolina

Second largest bank holding company in the US

Identification of New Growth
Opportunities in the SME segment for
Citis Commercial Relationship Banking
(CRB) division.
In-depth analysis of the upcoming sectors
of Indian Economy
Analyzing the FDI into core sectors in
India.
Industry study, Industry benchmarking
Internship job promotion to high
positions

SME Banking- Autocomponents, Chemicals
Industry Study- Market share analysis
Industry Benchmarking- Comparative
study
Commercial study Performance of SME

Very happy with the experience
Encouraging mentors
Useful projects to the company
Courtesy : Anupam Krishnamurthy, FMS MBAFT-2
nd
year
Corporate banking
Analyzed sector-wise FDI in India
Identifying key new clients
Learnt about the MNCs dealing in the core
sectors of Indian economy
How valuations of companies are done
Wonderful learning experience.
--Abhilash Venkatesh, IIML